HANOVER INSURANCE GROUP, INC.
For the period ended Mar 31, 2026. Filed Apr 30, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 30, 2026
THG$250.21+2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| (In millions) | 2026 | 2025 |
| Cash Flows From Operating Activities | ||
| Net income | $186.8 | $128.2 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Net realized and unrealized investment (gains) losses | 2.5 | 18.1 |
| Net amortization and depreciation | (1.8) | (1.1) |
| Stock-based compensation expense | 6.6 | 6.6 |
| Amortization of defined benefit plan costs | 1.7 | 1.6 |
| Deferred income tax expense (benefit) | (1.3) | 1.9 |
| Change in deferred acquisition costs | 12.2 | 5.9 |
| Change in premiums receivable, net of reinsurance premiums payable | 3.6 | (0.1) |
| Change in loss, loss adjustment expense and unearned premium reserves | 116.8 | 122.9 |
| Change in reinsurance recoverable | (40.6) | (39.7) |
| Change in expenses and taxes payable | (167.7) | (167.3) |
| Other, net | — | (38.1) |
| Net cash provided by operating activities | 118.8 | 38.9 |
| Cash Flows From Investing Activities | ||
| Proceeds from disposals and maturities of fixed maturities | 631.2 | 696.6 |
| Proceeds from disposals of equity securities and other investments | 38.3 | 20.5 |
| Purchase of fixed maturities | (1,146.9) | (806.9) |
| Purchase of equity securities and other investments | (12.9) | (20.7) |
| Capital expenditures | (3.5) | (1.8) |
| Net cash used in investing activities | (493.8) | (112.3) |
| Cash Flows From Financing Activities | ||
| Proceeds from exercise of employee stock options | 3.9 | 6.8 |
| Dividends paid to shareholders | (33.5) | (32.4) |
| Repayment of debt | (375.0) | — |
| Repurchases of common stock | (86.9) | (11.0) |
| Other financing activities | (13.1) | (10.9) |
| Net cash used in financing activities | (504.6) | (47.5) |
| Net change in cash and cash equivalents | (879.6) | (120.9) |
| Net change in cash related to discontinued operations | 0.4 | 0.5 |
| Cash and cash equivalents, beginning of period | 1,122.7 | 435.5 |
| Cash and cash equivalents, end of period | $243.5 | $315.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.